Goldman Sachs Stake Boosted by Western Wealth Management LLC

Western Wealth Management LLC has significantly increased its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 123.7% in the first quarter, according to the company's latest Form 13F filing with the Securities and Exchange Commission.

The institutional investor now owns 2,718 shares of Goldman Sachs' stock after buying an additional 1,503 shares during the quarter. Western Wealth Management LLC's holdings in The Goldman Sachs Group were worth $2,299,000 as of its most recent filing with the SEC.

This is not an isolated instance; several other hedge funds have also adjusted their stakes in Goldman Sachs. Vanguard Group Inc. boosted its position by 1.5% during the fourth quarter and now owns 29,014,431 shares worth $25,503,685,000. State Street Corp increased its stake by 2.1% in the same period.

The investment management company reported a 3.29% stake in Qiagen and changes in its Ontex holdings, which indicates portfolio activity but does not directly impact Goldman's operating outlook.